Public private partnership model is the newer economic phase of economic system development in co-operation with the market. The idea behind the model is the eradication of the budget and taxpayers with the purpose of the effect of benefiting the benefits of private ownership. Applying the model to practice has far-reaching and long-term benefits for the community and the economy. The use of PPP models in public service delivery is relatively new in our economy compare to the global level.
For the proper implementation and application of the PPP model in practice, it is necessary to have a good institutional and legal structure as a foundation of the JPP model process. It is necessary to provide standards for the realization of such projects in order to perceive the practice of the ideology of the model into the consciousness of society.
The PPP model has the advantages and disadvantages and it is on public partners to ensure the implementation of the process and infrastructure for project implementation and on the private that the project contributes to flexibility and competitiveness through innovative solutions and access to fresh capital. By combining the benefits of both partners, it is necessary to take advantage of the positive effects of designing such projects.